Flex survives a $500 million loss in business after SunEdison flamed out


$500 million is a staggering amount of money to lose under any circumstances. How could any business survive losing that much revenue in one year?

Well, despite losing $500 million thanks to last year’s spectacular SunEdison flameout (and continuing fallout), Flex still managed to grow its energy business 6% in 2016. Until it announced its bankruptcy last year, SunEdison had been Flex’s biggest solar-tracker customer.

Popular content

To read the full story, please visit pv magazine USA.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.